DeFi whale sells 264 WBTC before the U.S.-Iran ceasefire, missing out on a million dollars in potential gains

GateNews

2026-04-08 01:34:14

BTC3,95%

Gate News message: On April 8, according to on-chain analysts Yu Jin monitoring, a DeFi whale repaid a 4.14 million DAI loan on Spark about 9 hours before the U.S.-Iran ceasefire proposal was reached, then reclaimed 264.4 WBTC collateral and transferred it to a certain CEX to sell at a price of about $67,990 per coin, with a total value of roughly $17.98 million. About 6 hours later, when the U.S.-Iran ceasefire proposal was reached, the BTC price rose by 5%, and the whale therefore missed out on potential gains of about $1 million.

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